Listing Details for MLS # TB8476241
517 Suwanee Circle, Tampa, Fl 33606

Residential Property - Single Family Residence in Tampa

Listing Price: $7,200,000Days on Market: 1

Description of Property

Under Construction. A rare opportunity to own a brand-new waterfront estate by Crescent Homes on the highly sought after Davis Islands’, offering an extraordinary 145 feet of saltwater canal frontage. Scheduled for completion in August 2026, this architectural showpiece blends timeless modern design with the uncompromising craftsmanship Crescent Homes is known for. Positioned on a sprawling 15,875 sq ft lot, this 5,215 sq ft residence is thoughtfully designed to maximize water views, natural light, and seamless indoor-outdoor living. From the moment you arrive, the striking elevation, custom impact-rated entry door, and clean architectural lines set the tone for the elevated lifestyle that awaits. Inside, every detail has been meticulously curated by an NCIDQ-certified interior designer, ensuring cohesive, elevated selections throughout. The chef’s kitchen is a true centerpiece, featuring custom cabinetry, 3cm natural stone countertops with full backsplash, and a premium appliance suite anchored by Sub-Zero refrigeration and freezer, a Wolf dual-fuel natural gas range, built-in microwave drawer, dishwasher, and undercounter ice maker, creating a kitchen equally suited for daily living and entertaining. The home offers five bedrooms, five full bathrooms, and one half bath, with expansive living spaces, soaring ceilings, engineered hardwood flooring, and seamless transitions to the outdoor entertaining areas. Each bedroom features its own private en suite bathroom, providing comfort and privacy for family and guests. The primary suite is located on the first floor and serves as a true retreat, offering generous proportions, a spa-inspired bathroom with frameless glass shower, soaking tub, and custom walk-in closets. Upstairs, a private junior suite provides an ideal space for guests or extended family. The first level also features an oversized media and game room designed for entertaining, along with a private elevator providing convenient access to both floors. Outdoor living reaches new heights with a resort-style infinity edge pool and spa, outdoor kitchen, elevated pool deck, and multiple covered lanai spaces, all overlooking your private waterfront setting. A new composite dock with water, electric, and allowance for a boat lift, along with a new seawall, provides direct access to Tampa Bay. Built to the highest structural and performance standards, the home features concrete block construction on pilings, impact-rated windows and doors, tankless gas water heaters, advanced HVAC systems, and integrated smart home infrastructure including lighting control, security pre-wire, and whole-home automation readiness. Located within the highly sought-after Davis Islands community, residents enjoy a lifestyle unlike anywhere else in Tampa—golf cart accessibility, waterfront parks, yacht clubs, tennis courts, dog parks, and proximity to Downtown Tampa. The property is zoned for top-rated schools including Gorrie Elementary, Wilson Middle, and Plant High School, further enhancing its long-term value and desirability. This is more than a home—it is a statement of quality, craftsmanship, and waterfront living at its finest, delivered by Crescent Homes, one of Tampa’s most respected luxury builders.The average asking price for a 5 bedroom/5 bath single family residence in this Zip code is $4,215,333. This single family residence is listed at about 171% of the average asking price. This is the only 5 bedroom/5 bath single family residence between $6,400,000 and $8,000,000 currently listed for sale in this Zip code.